Higashi-Nippon Bank was among the investors that added $19.3m to a round for the microfinance services provider that now totals $41.5m.

Japan-based financial inclusion firm Gojo & Company received an additional ¥2.02bn ($19.3m) in series D funding from investors including financial services firm Higashi-Nippon Bank’s Local Company Revitalisation Fund on Tuesday.

Investment management firm Baillie Gifford, private equity fund TGVest Capital and multiple individuals filled out the tranche, which included convertible bonds. The company’s ongoing series D round has reached $41.5m and its funding stands at roughly $114m since it was founded in 2014.

The $21.6m first close was backed…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.